Business for Sale

Exclusive Function Venue & Club Extremely Profitable for Sale

business for sale

Business Details

Asked Price R 32,000,000
Location Johannesburg | Gauteng | Northern Suburb
Business Type Function Venue
Reason for SellingOwner has other interest
Year Established2004
Number of Employees 60
Monthly TurnoverR 7,000,000
Monthly Net Profit R 1,500,000
Monthly Payroll Expense R 1,800,000
Movable Assets Value R 3,000,000
Stock Value R 750,000
Owner Oporated Business No
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 1400 M2
Lease Term 5 Years
Monthly Rental R 300,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation